394 Settlement Road, Cowes, Vic 3922

Welcome to your new home in the heart of Cowes! This impressive 5-bedroom, 2-bathroom home epitomises comfort, convenience, and style, offering an unparalleled Phillip Island experience.

Boasting a prime position in Cowes, this property presents an exceptional opportunity for both homeowners and investors alike. Its proximity to the vibrant main street ensures easy access to restaurants, cafes, shops, and stunning beaches, promising a lifestyle of leisure and relaxation.

A standout feature of this property is it's proven return on investment through Airbnb, making it an attractive option for investors seeking a lucrative income stream whilst also leaving the option to use it for yourself. With it's desirable location, it's no surprise that guests are drawn to this haven time and time again.

The exterior of the home features a beautifully landscaped garden that adorns the generous 811sqm block. Whether you're enjoying the sea-breeze, or  hosting outside gatherings with family and friends, the outdoor spaces provide the perfect backdrop for memorable moments.

Upon entering the home, you'll be charmed by a blend of luxury living and coastal comfort. The ground level offers two spacious bedrooms, a large theater/rumpus room with adjacent living space, and a renovated bathroom and laundry area, providing ample accommodation and entertainment options for guests or family members.

On the upper level you will find an expansive open-plan living and kitchen area that provides warmth and sophistication to the home, offering the ideal setting for everyday living. Step outside onto the adjacent north-facing balcony and soak in the sun while enjoying your morning coffee. This floor is completed by three spacious bedrooms with built-in robes along with a renovated bathroom. 

With it's versatile layout, abundant natural light, and return on investment, this home boasts a rare find in the Phillip Island market. Whether you're seeking a permanent residence, holiday retreat, or investment opportunity, this property ticks all the boxes.

Don't miss your chance to own a slice of profitable paradise in Phillip Island. Schedule your inspection today and experience coastal living at its finest.

If you're an investor, our specialised rental department are here to assist in the management of your future investment. If you would like a current rental appraisal on this property, please get in contact today!